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Monday, February 29, 2016

From the Editor's DeskCome on VCs, stop playing games with us! I hear you are not letting your portfolio companies spend liberally on 'customer acquisition' any more. Imagine my horror when I called my favourite Indian VC-funded QSR chain yesterday, only to find out that prices are up 60%! Not 10%, not 20% - 60%! I immediately cut down an item to bring the total price under control. Not calling them again soon. Call me a spoilt Indian consumer, but that's what we do, especially when there are so many alternatives out there, and because you anchored me to a lower price for so long! That's the problem with the discount model, we get used to it. We don't want to pay full price any more. This wonderful piece by Haresh Chawla talks about several other traps Indian startups might find themselves in very soon - Comment

Budget 2016 expectations: IT, telecom, mobile phone makers want Make in India boostIT and telecom hardware makers expect the PM Narendra Modi led NDA government to extend differential duty structure on mobile phones for 10 years while bringing personal computers under the regime to give a boost to domestic manufacturing in the Union Budget 2016 to be announced in Parliament on Monday by FM Arun Jaitley. Make in India is a pet initiative of PM Narendra Modi to encourage domestic and foreign companies to manufacture in India and various industries are hoping to piggyback on this concept for future gain - it was launched in September 2014.

Mobile phone growth shaping India's internet usage greatlyA Google India report has identified mobile phones as the growth engine of the internet industry, outlining how mass adoption of the devices was driving acceptance of newer services. It also outlines the key consumer trends based on the enormity of